KS HB2298 | 2025-2026 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-05 - House Referred to Committee on Financial Institutions and Pensions
Pending: House Financial Institutions and Pensions Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-05 - House Referred to Committee on Financial Institutions and Pensions
Pending: House Financial Institutions and Pensions Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Transferring $1,000,000,000 from the budget stabilization fund to the liability reduction fund of KPERS, using a portion of the interest earnings of the liability reduction fund to provide a 2% COLA for retirants who have been retired for more than 5 years, transferring annually certain amounts from the state general fund to the budget stabilization fund and establishing requirements for the expenditure or transfer of moneys from the budget stabilization fund.
Title
Transferring $1,000,000,000 from the budget stabilization fund to the liability reduction fund of KPERS, using a portion of the interest earnings of the liability reduction fund to provide a 2% COLA for retirants who have been retired for more than 5 years, transferring annually certain amounts from the state general fund to the budget stabilization fund and establishing requirements for the expenditure or transfer of moneys from the budget stabilization fund.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-02-05 | House | House Referred to Committee on Financial Institutions and Pensions |
2025-02-05 | House | House Introduced |
Kansas State Sources
Type | Source |
---|---|
Summary | https://kslegislature.gov/li/b2025_26/measures/hb2298/ |
Text | https://kslegislature.gov/li/b2025_26/measures/documents/hb2298_00_0000.pdf |